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2320 Us Highway 27 Highway N

Sebring, FL 33870
  • $2,900,000
  • STATUS: Active
  • ON SITE: 499 Days
  • MLS #: 260809
UPDATED: 65 min ago
$2,900,000
  • 0
    BEDS
  • 3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1973
County:
Area:

School Ratings & Info

Description

27,000+-SF Retail Bld /3 Acres by Big Box Retailers Home Depot & Lowes Sebring,FL! 9% Proforma Cap Rate. Current rents are below market & short term allowing new owner to lock in optimal market rates. Either use the desired space you need or lease for long term income performance if you wish and sell at end of hold period to the many Franchise users desiring this prime location. Subject is across Hwy from Home Depot & the new Duncan Donuts/ Steak & Shake being built. Addl portion (Strap# C-23-34-28-A00-0251-0000. Owner financing may considered with qualified buyer.

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© 2021 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2021-11-28T14:42:24.373.
www.comptonrealty.com/homes/107933151
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2320 Us Highway 27 Highway N Sebring, FL 33870

  • Price: $2,900,000
  • Status: Active
  • On Site: 499 Days
  • Updated: 65 min ago
  • MLS #: 260809
0
Beds
0
Baths
0
½ Baths
3
Acres
1973
Built
County:
Highlands
Area:
Highlands
Property Description
27,000+-SF Retail Bld /3 Acres by Big Box Retailers Home Depot & Lowes Sebring,FL! 9% Proforma Cap Rate. Current rents are below market & short term allowing new owner to lock in optimal market rates. Either use the desired space you need or lease for long term income performance if you wish and sell at end of hold period to the many Franchise users desiring this prime location. Subject is across Hwy from Home Depot & the new Duncan Donuts/ Steak & Shake being built. Addl portion (Strap# C-23-34-28-A00-0251-0000. Owner financing may considered with qualified buyer.
Exterior Features

Architectural Style One Story Construction Materials BlockMetal SidingConcrete Levels One Parking Features PavedParking AvailableParking Lot Road Surface Type Paved Roof Metal

Interior Features

Building Area Total 27000 Building Features Private RestroomsPublic Restrooms Cooling Central AirElectric1 UnitWall Unit(S) Cooling YN Yes Flooring Concrete Heating CentralElectricWall Furnace Heating YN Yes Interior Features Cable Tv Window Features Display Window(S)

Property Features

Association YN No Business Type Retail Community Features Shopping Frontage Length 380 Gross Income 141750 Listing Terms CashConventionalOwner May CarrySee Remarks Net Operating Income 99000 Operating Expense 60000 Property Condition Average ConditionResale Property Sub Type Business Sewer Public SewerSeptic Tank Special Listing Conditions None Tax Annual Amount 5908 Tax Year 2017 Utilities Cable AvailablePhone ConnectedSewer Available Water Source Public Zoning Description B3

© 2021 Heartland Association of Realtors


© 2021 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2021-11-28T14:42:24.373.
 
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Compton Realty
518 US 27 South
Lake Placid FL, 33852